﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0"><channel><pubDate>Oct 20 2008 17:35:14 -0800</pubDate><title>Custom House</title><description>Custom House News</description><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/</link><copyright>(c) 1995-2008, Custom House Ltd. All rights reserved.</copyright><language>en-us</language><image><title>Customhouse.com</title><link>http://www.customhouse.com</link><url>http://www.customhouse.com/_images/ch_logo.gif</url><width>279</width><height>70</height><description>Custom House</description></image><item><title>Consumers signal bad recession  </title><description>Consumers this summer pulled back on spending by the most since 1980, driving the economy into what analysts expect to be one of the nastiest recessions in decades. </description><pubDate>31 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1031</link></item><item><title>Canada's Currency Gains for a Third Day as Global Stocks Rise </title><description>Canada's currency increased for a third day to the strongest in more than a week as global stocks rose and the U.S. economy contracted less than forecast. </description><pubDate>30 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1030</link></item><item><title>U.S. Dollar Halts Losses Against Canadian Dollar Following Rate Cut</title><description>Despite the Federal Open Market Committee's rate cut on Wednesday, the Canadian dollar is falling from session highs against the U.S. dollar.</description><pubDate>29 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1029-2</link></item><item><title>Stock bargains drive Dow up 889 points </title><description>Investors ignored a record collapse in consumer confidence and went bargain shopping Tuesday on Wall Street, sending the Dow Jones Industrial Average soaring 889 points, or nearly 11 percent in its second largest gain.</description><pubDate>29 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1029</link></item><item><title>Midday Market Recap: U.S. Equities Hold on to Gains Despite Weak Confidence</title><description>Despite U.S. consumer confidence hitting an all-time low, markets are still managing to hold on to some of the gains made earlier this morning.</description><pubDate>28 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1028-2</link></item><item><title>Canada's Dollar Climbs as Global Stocks, Commodities Increase </title><description>Canada's currency climbed for the first time in almost a week as stocks rose and prices for commodities including crude oil and copper advanced. </description><pubDate>28 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1028</link></item><item><title>Dollar Surge Wreaks Havoc </title><description>The global financial crisis has entered a new phase, attacking emerging-market economies and rattling exchange rates in a way not seen for more than a decade.</description><pubDate>25 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1025</link></item><item><title>Stocks, loonie, oil hammered</title><description>Virtually everything, except perhaps Canadian tourists, headed south yesterday.
</description><pubDate>23 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1023</link></item><item><title>Everything but tourists heading south</title><description>Virtually everything, except perhaps Canadian tourists, headed south on Wednesday.
</description><pubDate>22 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1022</link></item><item><title>Midday Market Recap: Canadian Dollar Extends Declines Following BOC Rate Cut  </title><description>The Canadian dollar slumped to a new three-year low after the Bank of Canada cut its key lending rate and said the global economy appears to be headed for a recession.
</description><pubDate>21 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1021-2</link></item><item><title>Canadian Dollar Drops to Three-Year Lows Against Greenback </title><description>The Canadian dollar continues to lose ground against the greenback on Tuesday despite the Bank of Canada's early-morning 25bp rate cut to 2.25% against expectations for a cut to 2.00%.
</description><pubDate>21 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1021</link></item><item><title>NZs Q3 CPI Hits 18-Year High</title><description>New Zealand's third-quarter CPI hit an 18-year high of 5.1%, rising 1.5% on quarter. In light of this, Timothy Connors, corporate FX manager at Custom House tells CNBC's Martin Soong &amp; Sri Jegarajah the RBNZ may slash rates by 100 bps.</description><pubDate>20 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1020-3</link></item><item><title>Teetering hedge funds fuel swings </title><description>The recent wild swings in stocks and other markets, including some of the biggest point losses and gains ever seen in the Dow Jones Industrial Average, are widely attributed on Wall Street to shadowy hedge funds experiencing big losses and forced sales that have the power to move entire markets. </description><pubDate>20 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1020-2</link></item><item><title>Canada's Dollar Falls on Securities, Wholesale Sales Reports </title><description>Canada's currency weakened for a second day after reports showed wholesale sales in August fell for the first time since February and foreigners decreased their holdings of Canadian securities for a second month. </description><pubDate>20 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1020</link></item><item><title>Bay St. investors shake off weakness signs</title><description>Grim evidence of a North American economic meltdown mounted yesterday, though you'd never guess it from the bullish buying by Bay St. investors.</description><pubDate>18 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1018</link></item><item><title>Credit Markets Begin to Thaw  </title><description>It's plausible to think we're looking at a budget deficit of a trillion dollars a year," C. Fred Bergsten, director of the Peterson Institute for International Economics, said at a recent forum. This would be "heretofore unforeseen territory," he said. </description><pubDate>15 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1015-4</link></item><item><title>US dollar, yen gain as risk appetite diminishes</title><description>The dollar rose against the euro for the first time this week on Wednesday, while the yen gained on renewed concerns the U.S. government's $250 billion proposed injection into troubled banks may do little to heal a bruised financial sector.</description><pubDate>15 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1015-3</link></item><item><title>Dollar lower amid volatile trade</title><description>The Australian dollar was lower at noon after volatile trade this morning, as uncertainty about the impact of government rescue packages around the world dampened investor sentiment.</description><pubDate>15 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1015-2</link></item><item><title>Euro falls to session lows vs dollar, yen </title><description>The euro fell to session lows against the U.S. dollar and yen on Wednesday, weighed down by steep losses in U.S. stocks as global risk aversion increased.</description><pubDate>15 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1015</link></item><item><title>U.S. Preview: FOMC Minutes to Expand on Neutral Mindset </title><description>The Federal Open Market Committee (FOMC) will release the minutes of its Sept. 16 meeting on Tuesday. At the meeting, the Committee held the target interest rate at 2.00%. Economists say with Chairman Ben Bernanke speaking on the economy at 1:30 p.m. EDT, the minutes are unlikely to garner much attention.</description><pubDate>06 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1006</link></item><item><title>U.S. Preview: September's Nonfarm Payrolls to See Biggest Decline Yet in 2008</title><description> The consensus expects to see U.S. nonfarm employment fall by 105k in September's Bureau of Labor Statistics (BLS) nonfarm payrolls report, which would be the worst monthly decline in net job losses since they began declining nine months ago in January.</description><pubDate>03 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1003</link></item><item><title>U.S. Dollar Will Remain Strong Despite Weak NFP Report </title><description>Tyson Wright, senior currency strategist from Custom House, said he doesn't think a weak nonfarm payrolls report will have a big impact on the U.S. dollar. </description><pubDate>02 Oct 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/1002</link></item><item><title>Greenback awaits bailout boost</title><description>The massive bailout of Wall Street could be a net positive for the U.S. dollar, despite concerns about expanding U.S. government debt, foreign-exchange experts say.</description><pubDate>25 Sep 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0925</link></item><item><title>Amid Market Volatility Custom House Announces its Latest Webinar: Where will the US Dollar go next?</title><description>Custom House, the world's leading international payments company, is excited to announce their upcoming global webinar series "What will the US Dollar do next?", a fresh-off-the-press forecast of the US Dollar's movement against all other currencies.</description><pubDate>23 Sep 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/releases/article/?id=2008/0923</link></item><item><title>holds emergency meeting on bad debt</title><description>The 0.1% drop in consumer prices marks the first overall decline in prices in over two years, and some economists are saying the moderation could have a direct effect on the Fed's target funds rate.
</description><pubDate>18 Sep 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0918</link></item><item><title>U.S. Dollar Weakens as People Remove Risks </title><description>It's been a wild day in currency markets as investors get out of the U.S. dollar and into gold, and other commodities and other currencies.
</description><pubDate>18 Sep 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0917</link></item><item><title>U.S. CPI Supports Dovish Bias at the FOMC, Economists Say</title><description>The 0.1% drop in consumer prices marks the first overall decline in prices in over two years, and some economists are saying the moderation could have a direct effect on the Fed's target funds rate.
</description><pubDate>16 Sep 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0916-2</link></item><item><title>U.S. August Core CPI Up to 0.2% as Total Inflation Falls O.1%</title><description>The seasonally-adjusted U.S. Consumer Price Index rose in line with expectations on both fronts, as the core rate ticked up 0.2% (0.194%) in August, contributing to a 2.5% year-over-year change.</description><pubDate>16 Sep 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0916</link></item><item><title>U.S. Preview: CPI Release Highly Anticipated Ahead of FOMC Rate Decision</title><description>With the U.S. government bailing out Fannie Mae and Freddie Mac last week, followed by Lehman Brothers filing for bankruptcy and Bank of America purchasing Merrill Lynch on Sunday, Tuesday's CPI release from the Bureau of Labor Statistics promises to be highly anticipated.</description><pubDate>15 Sep 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0915</link></item><item><title>Financial Sector Woes Weigh on US Dollar </title><description>The US dollar slumped against the Japanese yen on Tuesday, as steep falls in Wall Street stocks led by Lehman Brothers rekindled worries about a shaky US financial sector.
</description><pubDate>10 Sep 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0910</link></item><item><title>Bailout Gives Greenback a Push</title><description>The U.S. government's bailout of Fannie and Freddie is sending the U.S. dollar even higher. BNN talks currencies with Mark Fey, VP of FX trading, Custom House.</description><pubDate>09 Sep 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0909</link></item><item><title>Eyeing US Non-Farm Payrolls</title><description>U.S. August non-farm payrolls could have fallen by 50,000 to 60,000, predicts Alex Wenham, senior corporate FX dealer from Custom House. He speaks to guest host, Bill Amelio of Lenovo, CNBC's Martin Soong &amp; Sri Jegarajah</description><pubDate>04 Sep 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0904</link></item><item><title>Where Next for the Aussie Dollar?</title><description>The Aussie-dollar could fall to the $0.70s range if it breaks below the $0.8150 support level, notes Alex Wenham, senior FX dealer at Custom House. He talks currencies, with CNBC's Jeffrey James &amp; Sri Jegarajah.</description><pubDate>03 Sep 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0903-2</link></item><item><title>Oil, gas prices fall to April levels after Gustav weakens</title><description>Oil and gasoline prices plunged to the lowest levels since April on Tuesday after Hurricane Gustav failed to wreak havoc as feared with critical oil and gas facilities in the Gulf of Mexico. </description><pubDate>03 Sep 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0903</link></item><item><title>Market Preview: CAD and CGBsVulnerable to Bank of Canada Rate Cut  </title><description>Observers warn of volatility in foreign exchange and fixed income on Wednesday with markets divided on whether the Bank of Canada will hold or lower interest rates.</description><pubDate>02 Sep 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0902</link></item><item><title>The Week Ahead Canada &amp; U.S.: BOE Interest Rate Decision; Cdn &amp; U.S. Employment</title><description>The summer holidays are over and markets will receive major U.S. and Canadian data. North American markets will pay attention to the Bank of Canada interest rate decision as well as Friday's employment number. In the U.S., nonfarm payrolls and ISM manufacturing and services reports will be the highlight of the week.</description><pubDate>29 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0829-2</link></item><item><title>The Week Ahead UK &amp; Europe: BOE and ECB Interest Rate Decisions</title><description>After last week's wave of hawkish comments from European Central Bank speakers, markets are expecting the central bank to keep rates on hold at 4.25%. In the UK, markets are also expecting the Bank of England to hold rates at 5.00%.</description><pubDate>29 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0829</link></item><item><title>Canada's Dollar Drops as Oil Reverses Gain, U.S. Dollar Rises</title><description>Canada's dollar dropped for the first time in three days after crude oil reversed early gains and the U.S. dollar rallied versus most of the world's major currencies. </description><pubDate>28 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0828</link></item><item><title>Trader Preview: Oil Prices Help Boost Canadian Dollar in the Short Term</title><description>Mark Frey, vice president of FX trading at Custom House said that the recent bottom in commodity prices is helping to boost the Canadian dollar. But looking at longer term trends, Frey said the U.S. dollar is expected to continue to make gains against the Loonie. </description><pubDate>27 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0827-2</link></item><item><title>Canada Afternoon: C$ Higher, But Off Highs As USD Rebounds</title><description>The ECB is unlikely to cut rates at its next  meeting, predicts Alex Wenham, senior corporate FX dealer at Custom House. He tells CNBC's Stephen Sedgwick &amp; Maura Fogarty why.</description><pubDate>26 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0827</link></item><item><title>ECB Expected to Stand Pat </title><description>The ECB is unlikely to cut rates at its next  meeting, predicts Alex Wenham, senior corporate FX dealer at Custom House. He tells CNBC's Stephen Sedgwick &amp; Maura Fogarty why.</description><pubDate>26 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0826-2</link></item><item><title>Canadian Dollar Strengthens to a Three-Week High as Oil Gains</title><description>Canada's currency climbed to the highest in almost three weeks as the price of crude oil erased an earlier loss and increased on forecasts showing Hurricane Gustav may enter the Gulf of Mexico. </description><pubDate>26 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0826</link></item><item><title>Pound Will Remain Strong</title><description>The euro fell to near the lowest level against the dollar in six months as Germany's economic outlook deteriorated.</description><pubDate>20 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0820-2</link></item><item><title>Euro Falls to Near Six-Month Low on German Outlook, Drop in Oil</title><description>The euro fell to near the lowest level against the dollar in six months as Germany's economic outlook deteriorated.</description><pubDate>15 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0820</link></item><item><title>Dollar Charges Forward</title><description>The dollar rebound continued Friday, as the greenback climbed to a nearly 2-year high against the pound and extended its gains against the euro, amid troubling signs about the global economy.</description><pubDate>15 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0815-3</link></item><item><title>Oil Price Dip, Rising Dollar Signal Relief</title><description>A big drop in fuel prices and a rise in the dollar are providing a breath of fresh air for the economy, easing inflation and re-energizing consumer buying power at a critical time when the boost from tax rebates is fizzling.</description><pubDate>15 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0815-2</link></item><item><title>Aussie and Kiwi Dollars Have Further to Fall</title><description>Mark Frey, vice president of FX trading at Custom House said the Australian and New Zealand dollar will continue to fall against the greenback</description><pubDate>15 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0815</link></item><item><title>Closing Market Recap: Treasuries Rally, Equities Slide and USD Declines</title><description>Markets took their cue from the embattled financial sector on Tuesday and worries continue to hurt bank and brokerage stocks and boost fixed income.</description><pubDate>12 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0812-2</link></item><item><title>U.S. Preview: Advance Retail Sales Ex-Autos Set to Post 0.5% Gain in July</title><description>Economists expect retail sales to begin the third quarter on a soft note as the impact of the fiscal stimulus package begins to fade.</description><pubDate>12 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0812</link></item><item><title>Euro-Dollar Hits 5-Month Low</title><description>The greenback reached a five-month high against the euro overnight.</description><pubDate>11 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0811</link></item><item><title>Japanese Yen Next to Succumb to U.S. Dollar Momentum</title><description>Confidence in the U.S. dollar has grown over the last few weeks and it has made significant gains against more major currencies. According to Mark Frey, vice-president of FX trading at Custom House, said one of the next currencies to be swept in the greenback's growing momentum is the Japanese yen.</description><pubDate>07 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0807</link></item><item><title>Greenback Weathering the Storm  </title><description>The U.S. economy is in the doldrums, but during the past four weeks, despite oodles of bad news, the much-maligned dollar has turned higher.</description><pubDate>05 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0805</link></item><item><title>Custom House's Koppmans Expects Australia to Cut Rates </title><description>Paul Koopmans, corporate risk manager at Custom House, talks with Bloomberg's Catherine Yang from Melbourne about the outlook for the euro, U.S. dollar, so-called carry trades, and Federal Reserve and Reserve Bank of Australia monetary policy</description><pubDate>04 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0804-2</link></item><item><title>Australian, N.Z. Dollars Gain as Charts Signal Losses Excessive</title><description>The Australian dollar rose from a three-month low and the New Zealand dollar climbed from near the weakest in 10 months as technical charts signaled the more than 2 percent loss in the currencies of the past week was excessive. </description><pubDate>01 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0804</link></item><item><title>Dollar rises to 5-wk high vs euro, buoyed by US data</title><description>The U.S. dollar climbed to   five-week peaks against the euro and three-week highs against the British pound   on Friday as better-than-expected economic data allayed worries about a much sharper slowdown.</description><pubDate>01 Aug 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0801</link></item><item><title>US Non-Farm Payrolls Might Pick Up </title><description>The U.S. non-farm payrolls could pick up, notes Alex Wenham, senior corporate FX dealer at Custom House, ahead of the data's release Friday. He tells CNBC's Jeffrey James and Sri Jegarajah how this will affect the Fed's upcoming rate decision.</description><pubDate>30 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0730</link></item><item><title>The Day Ahead Canada and U.S.: Cdn Retail Sales, Paulson to Speak, U.S. Housing Index</title><description>Markets will focus on Canadian data with the release of Canadian retail sales. Economists expect retail sales less autos to rise 0.6% following a previous rise of 1.1%. In the U.S., markets will receive the Richmond Fed manufacturing index, which is expected to come in at -10 following a previous reading of -12.</description><pubDate>16 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0721</link></item><item><title>Fed Hikes in December? </title><description> If the Fed focuses on fighting inflation, rate hikes could come as soon as December</description><pubDate>16 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0716-2</link></item><item><title>Fed's Focus? Fiasco in financial markets</title><description> The U.S. inflation rate continues to pick up because of food and energy, but the meltdown in the financial markets is expected to determine the course of action taken by the Federal Reserve Board, strategists say.</description><pubDate>16 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0716</link></item><item><title>Dollar up vs. Euro on Fannie, Freddie Rescue Plan</title><description>The dollar rose from a near record low against the euro on Monday after the United States announced an emergency plan to restore confidence in mortgage finance companies Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FRE.N: Quote, Profile, Research, Stock Buzz)</description><pubDate>14 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0714</link></item><item><title>FX Traders Still Find Good Buys in Canadian Dollars</title><description> The Canadian dollar has remained range bound against the U.S. dollar and traders don't expect a break any time soon, even following weaker Canadian employment data.</description><pubDate>12 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0712</link></item><item><title>Currencies</title><description>The U.S. dollar has been making a recovery this week, but it still looks vulnerable.</description><pubDate>11 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0711</link></item><item><title>Long on Euro </title><description> The euro-dollar might retest $1.60 as Alex Wenham, senior corporate FX dealer at Custom House sees more ECB rates hikes to come.</description><pubDate>10 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0710</link></item><item><title>Pressure on Aussie Dollar </title><description>Tobias Davis, corporate risk manager, Australia at Custom House believes the Aussie dollar will be under pressure today, as he sees the Aussie jobs number to be somewhat flat.</description><pubDate>09 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0709-2</link></item><item><title>Dollar Rallies On Oil As Greenback Falters</title><description>The ECB hiked rates by 25 bps to 4.25% but toned down its hawkish rhetoric.</description><pubDate>03 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0703</link></item><item><title>Dollar Rallies On Oil As Greenback Falters</title><description>The Canadian dollar rallied more than a cent versus a weaker U.S. dollar on Wednesday due to record high oil prices and weaker-than-expected economic data that rattled the greenback.</description><pubDate>02 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0702</link></item><item><title>Aussie Dollar Hits Fresh High </title><description>The Aussie-dollar cross reached a new 25-year high of $0.9668 overnight, ahead of the RBA's rate decision Tuesday. Alex Wenham, senior FX dealer from Custom House assesses what the RBA might do, with CNBC's Jeffrey James &amp; Sri Jegarajah.</description><pubDate>30 Jun 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0630-3</link></item><item><title>Fed Seen Holding Rates </title><description>The Fed might hike interest rates by 25 bps - 50 bps by the end of 2008 but this will not happen at the next FOMC meeting. Alex Wenham, senior corporate FX dealer at Custom House tells CNBC's Jeffrey James &amp; Sri Jegarajah why.</description><pubDate>18 Jun 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0618</link></item><item><title>Fed Hikes in December? </title><description>Markets will focus on Canadian data with the release of Canadian retail sales. Economists expect retail sales less autos to rise 0.6% following a previous rise of 1.1%. In the U.S., markets will receive the Richmond Fed manufacturing index, which is expected to come in at -10 following a previous reading of -12.</description><pubDate>16 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0716-2</link></item><item><title>The Day Ahead Canada &amp; U.S.: Cdn Retail Sales, Paulson to Speak, U.S. Housing Index</title><description>Markets will focus on Canadian data with the release of Canadian retail sales. Economists expect retail sales less autos to rise 0.6% following a previous rise of 1.1%. In the U.S., markets will receive the Richmond Fed manufacturing index, which is expected to come in at -10 following a previous reading of -12.</description><pubDate>21 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0721</link></item><item><title>Fed's Focus? Fiasco in financial markets </title><description>The U.S. inflation rate continues to pick up because of food and energy, but the meltdown in the financial markets is expected to determine the course of action taken by the Federal Reserve Board, strategists say.</description><pubDate>16 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0716</link></item><item><title>Dollar up vs. Euro on Fannie, Freddie Rescue Plan </title><description>The dollar rose from a near record low against the euro on Monday after the United States announced an emergency plan to restore confidence in mortgage finance companies Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FRE.N: Quote, Profile, Research, Stock Buzz).</description><pubDate>14 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0714</link></item><item><title>FX Traders Still Find Good Buys in Canadian Dollars </title><description>The Canadian dollar has remained range bound against the U.S. dollar and traders don't expect a break any time soon, even following weaker Canadian employment data.</description><pubDate>09 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0711-2</link></item><item><title>Currencies </title><description>The U.S. dollar has been making a recovery this week, but it still looks vulnerable. BNN talks currencies with Mark Frey, VP of FX Trading, Custom House.</description><pubDate>09 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0711</link></item><item><title>Long on Euro </title><description>The euro-dollar might retest $1.60 as Alex Wenham, senior corporate FX dealer at Custom House sees more ECB rates hikes to come. He tells CNBC's Maura Fogarty that is why he is long on the euro.</description><pubDate>10 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0710</link></item><item><title>Pressure on Aussie Dollar </title><description>Tobias Davis, corporate risk manager, Australia at Custom House believes the Aussie dollar will be under pressure today, as he sees the Aussie jobs number to be somewhat flat.</description><pubDate>09 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0709-2</link></item><item><title>Dollar Closes Lower on Weak Data </title><description>THE Australian dollar has closed lower after soft consumer sentiment data and a sharp fall in the number of monthly home loan approvals caused the unit to fall below 95 US cents.</description><pubDate>09 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0709</link></item><item><title>ECB Hikes Rates to 4.25% </title><description>The ECB hiked rates by 25 bps to 4.25% but toned down its hawkish rhetoric. Tobias Davis, senior FX dealer at Custom House reviews the ECB's statement and how that will impact the currency markets, with CNBC's Jeffrey James.</description><pubDate>03 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0703</link></item><item><title>Dollar Rallies On Oil As Greenback Falters</title><description>The Canadian dollar rallied more than a cent versus a weaker U.S. dollar on Wednesday due to record high oil prices and weaker-than-expected economic data that rattled the greenback.</description><pubDate>02 Jul 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0702</link></item><item><title>Canada Afternoon: C$ Dn At 1-Week Low On Technical Pressures </title><description>The Canadian dollar sagged to one-week lows in holiday-thinned trading Monday, as technical pressures and a guarded reaction to domestic economic data weighed on the currency leading into the full close of Canadian financial markets on Tuesday for the Canada Day national holiday. </description><pubDate>30 Jun 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0630-2</link></item><item><title>Canada's Dollar Falls on Concern Higher Fuel Proces Hurt Growth </title><description>Canada's dollar fell the most in almost a month on concern that growth in the world's eighth- largest economy will slow as consumers cut spending amid rising gasoline prices. </description><pubDate>30 Jun 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0630</link></item><item><title>Fed Expected to Hold Rates</title><description>As the U.S. economy is still showing signs of weakness, Alex Wenham, senior corporate FX dealer at Custom House sees the Fed holding rates on Wednesday. He assesses the Fed's next move, with CNBC's Maura Fogarty and Stephen Sedgwick.</description><pubDate>24 Jun 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0624</link></item><item><title>Dollar gains on euro zone gloom, US rate view </title><description>The dollar rose Monday, as weak euro zone data took the steam out of last week's euro rally and investors braced for a Federal Reserve statement this week that will likely focus on rising U.S. inflation pressures.</description><pubDate>23 Jun 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0623</link></item><item><title>Dollar falls on job numbers</title><description>THE Australian dollar was sharply lower at noon, after falling almost one US cent on the back of a weak labour force report showing the economy shed almost 20,000 jobs in May.</description><pubDate>12 Jun 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0612</link></item><item><title>The Week Ahead Canada and U.S.: BOC Rate Decision; U.S. CPI, Retail Sales</title><description>Markets will be very interested in next week's economic data to see for indications of further deterioration in the economy, according to economists.</description><pubDate>06 Jun 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0606</link></item><item><title>Canadian Dollar Falls for a Fourth Day on Rate-Cut Speculation</title><description>It will not be easy for the Aussie-dollar to pass the $0.9662 mark in the short-term, says Alex Wenham, senior corporate dealer at Custom House. </description><pubDate>04 Jun 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0604</link></item><item><title>No Change From RBA Expected</title><description>Tobias Davis, senior FX dealer at Custom House, is not expecting a hike in interest rates at the RBA meeting today. He tells CNBC's Martin Soong and Sri Jegarajah why. </description><pubDate>02 Jun 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0602</link></item><item><title>Trouble Signs Appear</title><description>It will not be easy for the Aussie-dollar to pass the $0.9662 mark in the short-term, says Alex Wenham, senior corporate dealer at Custom House. </description><pubDate>31 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0531</link></item><item><title>Canadian economy 'flirting with recession:' analysts</title><description>Finance Minister Jim Flaherty rejects the idea, but some analysts say the Canadian economy may be in at least a mild recession after being driven to its first quarterly contraction in five years by a slump in auto production and some brutal winter weather.</description><pubDate>30 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0530</link></item><item><title>The Week Ahead Canada and U.S.: Canadian and U.S. Employment, ISM Surveys</title><description>According to market players, Canadian and U.S. employment will be the key indicators for markets next week despite a flurry of economic data.</description><pubDate>30 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0530-2</link></item><item><title>Parity Not Near</title><description>It will not be easy for the Aussie-dollar to pass the $0.9662 mark in the short-term, says Alex Wenham, senior corporate dealer at Custom House. </description><pubDate>26 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0526</link></item><item><title>Inflationary Fears Rule Markets</title><description>Market sentiment has shifted from recession fears to inflation fears, says Alex Wenham, senior corporate, FX Dealer at Custom House, speaking to CNBC's Stephen Sedgwick and Maura Fogarty.</description><pubDate>25 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0525</link></item><item><title>Parity with US dollar edges closer</title><description>The seemingly unstoppable Australian dollar surged yesterday to its highest level since the Hawke Government float - and analysts tip that parity with the US dollar may be just months away.</description><pubDate>23 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0523</link></item><item><title>A Bouyant Dollar</title><description>While the dollar will remain buoyant, Tobias Davis, senior FX dealer at Custom House believes better economic news will not be the main driver of the higher greenback.</description><pubDate>May 19 2008 12:01:00 -0800</pubDate><pubDate>19 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0519-3</link></item><item><title>Australian Dollar Rises to 24-Year High, N.Z. Dollar Declines  </title><description>The Australian dollar rose to a 24- year high against the U.S. currency as raw material prices rallied, boosting the outlook for earnings from exports.</description><pubDate>19 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0519-2</link></item><item><title>Dollar Trades Near Two-Week Low Versus Euro Before Housing Data</title><description>The dollar traded near the lowest level in more than two weeks against the euro before an industry report this week that may signal the worst housing slump in a quarter of a century is deepening.  </description><pubDate>19 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0519</link></item><item><title>Canadian Dollar Close to an Eight-Week High as Gold, Oil Surge</title><description>Economists are expecting a quiet week in North America despite a handful of market-moving reports. In the U.S., markets will receive FOMC minutes from the April monetary policy meeting, April PPI, home price index and existing homes sales. </description><pubDate>16 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0516</link></item><item><title>Canadian Dollar Close to an Eight-Week High as Gold, Oil Surge</title><description>The Canadian dollar rose and traded near an eight-week high as prices of the nation's commodity exports increased. </description><pubDate>15 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0515-2</link></item><item><title>Canadian Bonds Gain as Industrial Output Falls in North America</title><description>Canada's bonds rose, pushing down the two-year yield the most in more than two weeks, after reports showed industrial output declined in Canada and the U.S. </description><pubDate>15 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0515</link></item><item><title>Australia Rates to Hold Steady </title><description>Tobias Davis, senior currency strategist at Custom House believes Australia's interest rates will stay put for the rest of 2008, based on the budget overnight.  </description><pubDate>13 May 2008 17:00:00 -0800</pubDate><link>http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0513</link><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0612</link></item><item><title>Worst May Be Over For The Dollar, But Analysts Say Rebound Unlikely Before Fed Stops Cutting Rates</title><description>Following the dollars worst quarterly loss against the euro since 2004a drop of 8.4% in the first three months of this yearcurrency analysts are watching for signs that the greenback could be ready to make a comeback. </description><pubDate>12 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0512_gfm</link></item><item><title>Euro Hits Intra-Day High Above $1.5500 As US Stocks Falter </title><description>The euro reversed its earlier losses against the dollar Monday, climbing to an intra-day high above $1.5500 as U.S. stocks began to wobble a bit. </description><pubDate>12 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0512</link></item><item><title>Market Preview: Loonie and CGBs Expected to be Extra-Sensitive to Jobs Data</title><description>Fixed income and foreign exchange markets will be especially sensitive to Canadian employment data on Friday because of the uncertainty about the direction of the Canadian economy, strategists say.</description><pubDate>08 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0508</link></item><item><title>AU Preview: High Inflation Will Keep RBA on Hold, Economists Say </title><description>Despite persistently high inflation rates, economists are fairly confident in their calls for no change to the Reserve Bank of Australia's 7.25% cash target rate at its meeting on Tuesday. With price pressures running higher, some even argue that rates may not have peaked, and that further tightening down the road </description><pubDate>05 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0505_cep-au</link></item><item><title>CA Preview: Ivey PMI Expected to Decline, But Upside Surprise Not Ruled Out </title><description>After falling to 59.0 in March from 62.0 the month before, most experts agree Canada's Ivey Purchasing Managers Index will continue its decline in April, with the headline index expected to fall to 54.0.</description><pubDate>05 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0505_cep</link></item><item><title>Dollars big dive inflates earnings </title><description>For U.S. companies with big overseas operations, the weak greenback is strengthening the bottom line. But beware: The buck could bounce back soon. </description><pubDate>05 May 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0505_fw</link></item><item><title>Midday News Recap: U.S. ISM Non-Mfg Above 50-Level, Crude Oil Hits New High</title><description>The main release of the day surprised to the upside Monday, as the U.S. ISM non-manufacturing index rose back into expansionary territory to a reading of 52.0.</description><pubDate>05 May 2008 17:00:00 -0800</pubDate><link>http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/</link><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0505</link></item><item><title>Road to Recovery</title><description>Alex Wenham, senior corporate FX dealer at Custom House expects U.S. economic activity to pickup from July 2008.</description><pubDate>04 May 2008 17:00:00 -0800</pubDate><link>http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/</link><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0504</link></item><item><title>Fed Might Cut Rate Another 25 Bps - Video </title><description>Alex Wenham, corporate FX dealer at Custom House believes the Fed is near the end of its easing cycle. </description><pubDate>27 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0427</link></item><item><title>Comsumer Spending Hits Speed Bump</title><pubDate>24 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0424</link></item><item><title>Eurozone PMI at 3-Year Low - Video </title><description>As the Eurozone PMI fell to a 3-year low in April, Tobias Davis, senior FX dealer at Custom House says the ECB will keep interest rates on hold. He speaks to Paul Schulte from Lehman Brothers, CNBC's Martin Soong &amp; Sri Jegarajah.</description><pubDate>23 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0423</link></item><item><title>Australian Dollar Approaches Parity With U.S. and Canadian Dollars (Update)</title><description>The Australian Dollar, which has been below parity with the U.S. dollar since 1982, hit a 25-year high overnight.</description><pubDate>23 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0423_cep</link></item><item><title>New Web Service Helps International Students Make School Payments</title><description>Custom House, a foreign exchange and international payments company, has launched a new international service to help universities and colleges accept payment from international students.</description><pubDate>21 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0421</link></item><item><title>Central Bank Watch: Focus on BOC Rate Decision; Fed Speakers Say Mon Pol Has Limits</title><description>The focus early next week will shift back to the Bank of Canada when it announces its next interest rate decision on Tuesday. Overnight indexed swaps are now fully pricing in a 50 basis point cut. </description><pubDate>18 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0418_centralBankWatch</link></item><item><title>Australian, N.Z. Dollar Advance This Week on Credit Easing</title><description>The Australian and New Zealand dollars advanced this week against the yen on signs the credit squeeze may be easing, spurring investors to buy higher-yielding assets funded with loans in Japan. </description><pubDate>18 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0418_dollarAdvance</link></item><item><title>ANALYSIS - Weak dollar helps some US companies, hurts non-US</title><description>The weak U.S. dollar may help American multinational companies meet profit expectations in the quarters ahead, but the first sign of a reversal could eat away profits at a time when every cent counts.</description><pubDate>18 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0418_weakDollar</link></item><item><title>Australian Dollar Heads for Weekly Gain on Appetite for Risk </title><description>The Australian dollar headed for its fourth weekly advance as signs the credit squeeze may be easing encouraged investors to buy higher-yielding assets with funds borrowed in nations with lower interest rates. </description><pubDate>18 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0418(2)</link></item><item><title>Tobias Davis Sees Australian Dollar Gain on Risk Appetite</title><description>Tobias Davis, Senior Foreign Exchange Dealer, talks with Bloomberg.</description><pubDate>18 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0418</link></item><item><title>Dollar Gains as pessimism Eases in Wake of Earnings</title><description>The dollar posted gains on Thursday, as investors felt more confident about the outlook for the troubled financial sector, with U.S. companies' earnings so far generally revealing no major negative surprises. </description><pubDate>17 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0417</link></item><item><title>Closing Market Update: Treasuries Sell Off as Stocks Surge</title><description>The dollar posted gains on Thursday, as investors felt more confident about the outlook for the troubled financial sector, with U.S. companies' earnings so far generally revealing no major negative surprises. </description><pubDate>16 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0416-2</link></item><item><title>Innovative Payment System Helps Educational Institutions Serve a Growing International Student Market </title><description>Educational institutions around the world can now meet the growing challenge of serving foreign students with a new International Payment solution from Custom House, a leading foreign exchange and international payments company.</description><pubDate>16 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/releases/article/?id=2008/0416</link></item><item><title>Rand Rate Bound in Early Trade</title><description>The rand was range bound in early trade on Tuesday as players await key US data later in the day, while keeping an eye on developments in Zimbabwe.  </description><pubDate>15 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0415</link></item><item><title>Dollar Flat as Bleak U.S. Outlook Offsets G7 Impact</title><description>The dollar was little changed on Monday as more banking sector stress added to worries about the U.S. economy, overshadowing a Group of Seven warning on the threat sharp exchange rate moves pose to financial stability. </description><pubDate>14 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0414</link></item><item><title>FOREX-Dollar Rallies Broadly as Credit Worries Ease</title><description>Springtime in Manitoba: It's the time of year when countless snowbirds take wing from their warm, southern winter quarters and migrate to their traditional nesting grounds on the Prairies. </description><pubDate>06 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0406</link></item><item><title>FOREX-Dollar Rallies Broadly as Credit Worries Ease</title><description>The dollar vaulted higher on Tuesday after major banks UBS and Lehman Brothers raised a combined $19 billion to shore up their balance sheets, boosting hopes that the worst of Wall Street's problems may be over.</description><pubDate>01 Apr 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0401</link></item><item><title>International Local Currency Payments: Alternatives to US Dollar Payments</title><description>Paying international suppliers in U.S. dollars is not the only option and, in many cases, may not be the best option.</description><pubDate>31 Mar 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0331</link></item><item><title>RBA meets Tuesday</title><description>The RBA is expected to keeps rates on hold as weak economic data continues to come out from the U.S..</description><pubDate>30 Mar 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0330</link></item><item><title>Custom House's Davis Sees Further Australia Dollar Gains</title><description>Tobias Davis, senior currency dealer at Custom House Global Foreign Exchange, talks with Bloomberg's Paul Gordon from Sydney about the outlook for the yen, pound, U.S., Australian and New Zealand dollars, and his currency trading strategy. </description><pubDate>26 Mar 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0326_bloomberg</link></item><item><title>Australia, N.Z. Dollars Advance as Rate Advantage May Widen</title><description>The Australian and New Zealand dollars rose for a third day on speculation the nations' interest-rate advantage over the U.S. will widen. </description><pubDate>26 Mar 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0326</link></item><item><title>Pressure on Greenback</title><description>Tobias Davis, senior FX dealer at Custom House advises staying long on the euro &amp; yen to counter dollar weakness.</description><pubDate>24 Mar 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0324</link></item><item><title>Options market can't shake weak dollar view</title><description>Signals emerging from the arcane world of currency options suggest the dollar may hold this week's big rebound for now, although a more meaningful recovery is at least half a year down the road.</description><pubDate>20 Mar 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=0320_reuters</link></item><item><title>Canadian Dollar Continues to Fall Sharpely Against the Greenback</title><description>As global commodities consolidated their intraday declines, the Canadian dollar was down 4.4% from 1.02 to 0.973 against the USD in the last seven days of trading.  </description><pubDate>20 Mar 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0320</link></item><item><title>Bernanke Bucks Rate Calls, Avoids Rattling Investors </title><description>Federal Reserve Chairman Ben S. Bernanke bucked investors' bets on a deeper interest-rate cut without spoiling the biggest U.S. stock-market rally in five years.</description><pubDate>19 Mar 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0319</link></item><item><title>Bernanke Bucks Rate Calls, Avoids Rattling Investors</title><description>The swing in the dollar-yen cross is due to investors chasing yield in commodity currencies.</description><pubDate>18 Mar 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0318</link></item><item><title>Frantic February Goes Out With A Bang</title><description>February has been particularly cruel to the U.S. dollar and, unfortunately, given the leap year, it's not over yet. </description><pubDate>29 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0229b</link></item><item><title>Weak Dollar Has Set Gold, Oil On Fire</title><pubDate>29 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0229</link></item><item><title>Closing Market Update: Lots Of Volatility But Little Changed By Day's End</title><description>Fixed income market participants had plenty of news and data to digest but at the end of the day the outlook was relatively unchanged as Treasuries and stocks finished the session at about where they began.</description><pubDate>27 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0227</link></item><item><title>Closing Market Upadte: Slowing Manufacturing Puts Focus Back on U.S. Slowdown</title><description>A surge in commodities prices led to a rally in the TSX, but the Canadian dollar wasn't able to benefit after a report showed Canadian wholesale sales falling sharply.</description><pubDate>21 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0221</link></item><item><title>Midday Market Update: Commodities Rally But Canadian Dollar Falls</title><description>A surge in commodities prices led to a rally in the TSX, but the Canadian dollar wasn't able to benefit after a report showed Canadian wholesale sales falling sharply.</description><pubDate>19 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0219</link></item><item><title>Aussie Rates to Rise</title><description>Record low unemployment in Australia might cause the RBA to hike rates further</description><pubDate>13 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0213</link></item><item><title>Custom House Ltd. Named "Best Managed Company" for Eight Straight Years</title><description>Concentration on what it does best has landed global payments company Custom House Ltd., on the list of Canadas 50 Best Managed Companies for the eighth year in a row. </description><pubDate>14 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/releases/article/?id=2008/0214</link></item><item><title>Euro Rises Slightly on Dollar </title><description>The dollar and euro traded taking the lead yesterday in New York to make for a data-light session.</description><pubDate>12 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0212</link></item><item><title>Davis of Custom House Says ECB Rate Cut Is 'Inevitable': Video</title><description>Tobias Davis, senior currency dealer at Custom House Global Foreign Exchange, talks with Bloomberg's Catherine Yang from Sydney about European Central Bank monetary policy and the euro, and his forecasts for the yen and the Australian dollar.</description><pubDate>11 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0211</link></item><item><title>When The Eagle Flies, and Crashes</title><description>The Eagle Flies is an old American blues song that talks about payday. </description><pubDate>08 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0208</link></item><item><title>Dollar Report </title><description>The dollar slipped against the euro and edged up against the yen yesterday as investors waited to see how major central banks at policy meetings this week will respond to a potential global economic slowdown. </description><pubDate>05 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0205</link></item><item><title>Australia, N.Z. Dollar Trades at More Than 2 1/2-Month Highs</title><description>The Australian dollar traded near a 2 1/2-month high and New Zealand's approached the strongest in six months on speculation the yield advantage of the two nations over the U.S. will keep widening. </description><pubDate>04 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0204_bloomberg</link></item><item><title>FOREX - Dollar Mixed Ahead of Central Bank Meetings</title><description>The dollar slipped against the euro and edged up against the yen on Monday as investors waited to see how major central banks at policy meetings this week will respond to a potential global economic slowdown.</description><pubDate>04 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0204_reuters</link></item><item><title>DJ World Forex: Euro Keeps Foothold On Dlr Despite Stock Slide </title><description>The support that higher-yielding currencies received from an overnight boost of risk appetite with a rise in Asian stocks carried through Monday in New York, despite a turn in U.S. equities. </description><pubDate>04 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0204</link></item><item><title>Little froth in loonie's latest rise </title><description>The combination of U.S. Fed rate-slashing, stable stock markets and improving commodity prices have rekindled interest in the Canadian dollar, but traders say this rally has little of the speculative froth or conviction that catapulted the loonie to dizzying heights last fall.</description><pubDate>30 Jan 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0130</link></item><item><title>Dollar edges up as Fed rate decision approaches</title><description>The dollar edged up against the euro and yen on Tuesday after a mixed bag of economic data led dealers to trim bets against the currency ahead of this week's policy decision by the Federal Reserve.</description><pubDate>29 Jan 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0129</link></item><item><title>Risky Business</title><description>When Diane and Glen Numbers left their Canadian home to find a snowbird nest in the United States, they tried Florida one winter, Texas the next and Arizona after that. In just a week here, the military couple had made an offer to buy a condo, and they haven't spent a frigid winter in Ontario in the 15 years since.</description><pubDate>25 Feb 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0125_businessSpectator</link></item><item><title>Exchange Rate Treating Canadians Kindly</title><description>When Diane and Glen Numbers left their Canadian home to find a snowbird nest in the United States, they tried Florida one winter, Texas the next and Arizona after that. In just a week here, the military couple had made an offer to buy a condo, and they haven't spent a frigid winter in Ontario in the 15 years since.</description><pubDate>25 Jan 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0125</link></item><item><title>Australian Inflation Rises</title><description>Tobias Davis, senior foreign exchange dealer at Custom House Global Foreign Exchange speaks with CNBC's Sri Jegarajah about the impact of Australia's high inflation numbers.</description><pubDate>22 Jan 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0122</link></item><item><title>Weak German data buoys dollar, yen falls on stocks</title><description>The dollar rose on Wednesday, shrugging off worries of a U.S. recession, as investors started to focus on a potential growth slowdown in the euro zone after gloomy German industrial output and retail data.</description><pubDate>19 Jan 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0109</link></item><item><title>Australia, N.Z. Dollar Trades Near One-Week High Against Yen</title><description> The Australian and New Zealand dollars rose to near a one-week high versus the yen as a rally in U.S. stocks encouraged traders to increase holdings of higher-yielding assets bought with Japanese loans. </description><pubDate>10 Jan 2008 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2008/0110</link></item><item><title>Custom House Announces Foreign Exchange Webinar Series on Emerging Markets in the United Kingdom</title><description>New webinar series addresses the risks and opportunities of United Kingdom companies working with emerging markets</description><pubDate>29 Nov 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/releases/article/?id=2007/1129_uk</link></item><item><title>Custom House Announces Foreign Exchange Webinar Series on Emerging Markets in Asia Pacific</title><description>New webinar series will provide Australian and New Zealand companies a real understanding of the impact Foreign Exchange has on business success</description><pubDate>29 Nov 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/releases/article/?id=2007/1129</link></item><item><title>Greenback Demand Causes Shortage</title><description>Canadians are snapping up U.S. dollars at a torrid pace.</description><pubDate>16 Nov 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2007/1116</link></item><item><title>Custom House Announces Latest Foreign Exchange Webinar Series on Emerging Markets</title><description>The rising value of the Canadian dollar could have Yuma seeing green this winter. </description><pubDate>16 Oct 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/releases/article/?id=2007/1016</link></item><item><title>How To Get The Best Bang For U.S. Bucks</title><description>Tonight on the news, Peter Mansbridge or Lloyd Robertson may say the Canadian dollar is worth $1.05 (U.S.).</description><pubDate>31 Oct 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2007/1031</link></item><item><title>Rising Canadian Dollar Means More Green For Yuma This Winter</title><description>The rising value of the Canadian dollar could have Yuma seeing green this winter. </description><pubDate>12 Oct 2007 17:00:00 -0800</pubDate><link>http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=</link><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2007/1012</link></item><item><title>Custom House Announces Latest Foreign Exchange Webinar Series on Emerging Market</title><description>Custom House Ltd., one of the largest non-bank foreign exchange (FX) companies in the world, is proud to announce the newest addition to its FX Educational Webinar Series in the United States entitled, Navigating Global Foreign Exchange in Emerging Markets</description><pubDate>10 Oct 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/releases/article/?id=2007/1010</link></item><item><title>Bad credit? No problem</title><description>"In sleep I had the dreadful dream of the ineluctable Wave, either coming out of the quiet sea, or coming in towering over the green inlands."</description><pubDate>01 Oct 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2007/1001</link></item><item><title>Custom House Provides Special Service to Players Competing in The Presidents Cup</title><description>Custom House Ltd., one of the largest non-bank foreign exchange (FX) companies in the world, is proud to announce that for the second year it is partnering with the PGA TOUR to provide international payment solutions to the world's leading golf professionals at The Presidents Cup.</description><pubDate>24 Sep 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2007/0924</link></item><item><title>Custom House to Sponsor World Match Racing Tour</title><description>The World Match Racing Tour is pleased to announce the addition of Custom House Ltd. as Official Payment Provider to the World Tour.</description><pubDate>02 Aug 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/releases/article/?id=2007/0802</link></item><item><title>Custom House on the ISR this Saturday at the Open</title><description>Ian Taylor from Custom House will be a special guest on the ISR 590 at the 2007 Canadian Open. </description><pubDate>22 Jul 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2007/0722</link></item><item><title>Lower retail sales stop dollar's spiral</title><description>BONDS rose but the dollar fell from an 18-year high after the release of reports that showed retail sales and building approvals had fallen in May.</description><pubDate>04 Jul 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2007/0704</link></item><item><title>Custom House Recognized as BC Financial Gateway to the World</title><description>Custom House, the largest non-bank foreign exchange company in North America, was recognized last week for its financial gateway services.</description><pubDate>11 Apr 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/releases/article/?id=2007/0411</link></item><item><title>New Cash Cards </title><description>A new limited-liability cash card, billed as the next-generation travellers cheques, was launched last week by Custom House, the largest non-bank foreign exchange company in North America.</description><pubDate>24 Feb 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2007/0224</link></item><item><title>Foreign Exchange: How To Capitalise On It</title><description>Companies aren't tied to their banks anymore and the reason is simple: specialisation and cost.</description><pubDate>15 Feb 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/coverage/article/?id=2007/0215</link></item><item><title>Custom House Launches Next Generation Low-Fee Travel Card</title><description>Custom House, the largest non-bank foreign exchange company in North America today launched the Custom House Cash Card to provide a secure, convenient and low-cost alternative to the traveling consumer. </description><pubDate>05 Feb 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/releases/article/?id=2007/0205</link></item><item><title>Ciceri Leading Custom House to Global Market Dominance</title><description>Peter Gustavson, FCA, Chief Executive Officer of Custom House, the largest non-bank foreign exchange company in North America and one of the largest in the world, is pleased to announce the appointment of Peter Ciceri to the new position of President.</description><pubDate>16 Jan 2007 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/releases/article/?id=2007/0116</link></item><item><title>Custom House Announces Foreign Exchange Pilot With Thailand's Government Savings Bank</title><description>Peter Gustavson, FCA, President and CEO of Custom House announced today the company has launched the first phase of a foreign exchange project with Thailand's Government Savings Bank (GSB).</description><pubDate>19 Dec 2006 17:00:00 -0800</pubDate><link>http://www.customhousecurrency.co.nz/news-and-resources/news-media/releases/article/?id=2006/1219</link></item></channel></rss>